OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

https://x.com/elonmusk/status/1815451522748010786

Right, since the early 2000 s gold had a support line that moved up with the higher lows higher highs for years. You could pretty much buy every time a pull back landed on that line without worrying what the Fed or politicians were doing. But in 08 all that changed. Actually it’s started a bit before the crash.

I know what you are saying. But someone might want to sell one sometime, out of necessity or for something they want. Holders of gold have been cheated for as long as i can remember and, no doubt, much longer than that.
They should have been a good investment all these years, not just protection against financial calamity. Which, by the way, they weren’t in 2008.

BTW Someone I know that doesn’t post but has the link said is that why they got their own site so they can lord over everybody else and said much more about only hearing what they want to hear or your not worth while in short and ending in pretty soon they’ll be nothing left but clones of themselves.

Actually that’s not how it started. They left Gold Eagle for that same reason but that’s how people are seeing it here now.

Lol Yeah all true but you can have hobbies. I never thought it would turn into a Game of Thrones though.

That’s good I’ve been busy so haven’t been watching my stocks.

Much pressure on Powell to lower rates this month and I don’t think he wants to and as far as the economy he’s right.  Now I hear a congressional meeting on Powell.  Where was the frigging congressional meetings when he was buying mortgage backed securities and keeping interest rates down perpetually and wall street buying up one in 4 houses trying for more like they were stocks with it.

Before I go into a rant preaching to the choir and with all the pressure on Powell it’s not clear but maybe shorts are reading for a temp sell on metals with the Fed decision or some other reason going on and going to war with them. Because it’s getting closer to September where a higher number of people will think he will cut rates it might not make as much as a temporary impact this time but could only guess. And even if he does, by how much?

I just checked my stash and have not lost a single coin, round, or bar in this PM takedown!

All they are doing is rolling the S&G pig in the mud to make it the ugliest and last possible thought or choice so only an absolute idiot would think to go there for the safest form(s) of wealth over the past 5000+ years.

Instead, take a look at all those shiny Bitcoins! You can fill your pockets, your house, and your PC with them and never gain even an ounce of weight, but when the lights go out you may have a difficult time locating them in the dark, or finding someone/anyone who is willing to sell you a burger today for your Bitcoin tomorrow…. unless you’re willing to “bend over” too! Just Saying!

This time, IMO, it’s not about  making a killing with the PM shares. Derivatives have killed that!  It’s about surviving what’s coming with the real thing  “in hand”!

That’s SilvernGold!

Just living long enough to see it. 🙂

Goldie – that storm is coming no doubt, but not today. Tech is ripping higher again. Perpetual short squeezes in NVDA, TSLA & NFLX to name a few.

SLV trying to hold $26.50 – surprising.

Infrastructure isn’t that hot right now in metals in the US. The banks can just hope Powell doesn’t change his mind and print or drop rates just yet. What ever else I don’t have time to figure out. If so maybe gold will hold up better percentage wise, maybe but the new mantra finally is don’t take a loss.

Mike Pinto, a storm is coming.Running on empty.

It boggles my mind that the bankers have been able to con the investment world for as long as they have with their out-of-thin-air products like fiat and derivatives. All it would take is a couple of the big players to demand delivery.

I’m confident that one day it will happen.  The trick may be living long enough to see it, ha-ha

Generally in the past when we’ve seen heavy long contracts by the funds and short buying by the commercial banks, the price has gone down, most often in a big way.

Captain Hook knows a lot more than I do about the mechanics and open interest of the Crimex.

I would say the short position of the commercial banks may be as high as I’ve ever seen it. He’d know more.

Could also be some hedges by the miners, but not in that size.

Hi BG,

if you have time could you expand upon your WOW comment.

I’m not sure if it’s a ‘good’ WOW… or a ‘bad’ WOW.

but then again, with PMs my mood changes daily 🙂

thanks

Wow. Just wow. Gold

that the probable Democratic candidate is a certified moron.

Blackwater Project – Removal of Non-Essential Personnel – Wildfire Response

https://finance.yahoo.com/news/blackwater-project-removal-non-essential-121500844.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfNS92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjE2NTE5ODA&guce_referrer_sig=AQAAAFvHX7HNxSsiM9WDICGZazUlxYyGS0_IGbsWNFg6JMTpE_q59W1c4aUgzjIz_ojuOOTXHhdt9rY8oqLnMksIw6eeQP_uZk5NWiO4O40MypGaaxwDM6LpYSKvnI_YpKALNd5SlLqeS2-yQI5C_dJfrUHdH1zwfR145XCHadle2Vf3&_guc_consent_skip=1721652355

Round up the usual suspects! In reality nothing is likely to come of it … unless there is some unexpected development.

BLUE LAKE Cu Ni Pt Pd CLAIMS EXPANDED

https://ceo.ca/@newswire/blue-lake-cu-ni-pt-pd-claims-expanded

Elemental Altus Royalties to Acquire Strategic Tungsten Royalties

https://ceo.ca/@newsfile/elemental-altus-royalties-to-acquire-strategic-tungsten

Cascadia Steps Out 315 m at Catch and Intersects 106 m of Porphyry Mineralization Grading 0.37% Copper and 0.22 g/t Gold (0.52% CuEq)

https://ceo.ca/@newswire/cascadia-steps-out-315-m-at-catch-and-intersects-106

Juggernaut Commences Drilling on 600 Meters by 350 Meters Bingo Main Zone – Contains up to 31.20 gpt Gold, 8.98 % Copper and 0.58 % Cobalt – Remains Wide Open – Bingo Property, Golden Triangle, B.C.

https://ceo.ca/@thenewswire/juggernaut-commences-drilling-on-600-meters-by-350

Founders Metals Expands Froyo by 150 m with 46.0 m of 5.31 g/t Au

https://ceo.ca/@newsfile/founders-metals-expands-froyo-by-150-m-with-460-m

AbraSilver Announces Initial Drill Results from Phase IV Exploration Program at the Diablillos Silver-Gold Project; Intersects 33 Metres Grading 245 g/t Silver

https://ceo.ca/@thenewswire/abrasilver-announces-initial-drill-results-from-phase-a2f9c

Goliath Intercepts 4 Zones Totaling 105 Meters Containing Abundant Visible Gold, Galena, Sphalerite, Molybdenite, Bismuth In Breccia, Stockwork And Porphyritic Intrusive Dyke – Remains Wide Open – Surebet, Golden Triangle B.C.

https://ceo.ca/@globenewswire/goliath-intercepts-4-zones-totaling-105-meters-containing

Grande Portage Resources Files on SEDAR+ the Mineral Resource Estimate for the Herbert Gold project Detailing Indicated Resources of 1,438,500 Ounces at 9.47gpt Gold and Inferred Resources of 515,700 Ounces at 8.85gpt Gold

https://ceo.ca/@accesswire/grande-portage-resources-files-on-sedar-the-mineral

OceanaGold Announces Share Buyback Program

https://ceo.ca/@newswire/oceanagold-announces-share-buyback-program

Xali Gold Enters Agreement for Mining in Historic Underground Workings, Exploration and Reducing Debt at El Oro Mexico

https://ceo.ca/@globenewswire/xali-gold-enters-agreement-for-mining-in-historic-underground

Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal

https://ceo.ca/@accesswire/meridian-reports-multiple-zones-of-mineralization-including

Gold Royalty Reports Strong Second Quarter Revenue

https://ceo.ca/@newswire/gold-royalty-reports-strong-second-quarter-revenue

Solaris Reports In-Pit Mineral Resources Including Higher Grade Mineralization; Over 30,000m Drilling in H2/24 Targeting Open Extensions and Infill to Upgrade Resources; Concurrent District Exploration for Epithermal Gold/Silver and Porphyry Copper Discoveries

https://ceo.ca/@globenewswire/solaris-reports-in-pit-mineral-resources-including

Arras Minerals Initiates Heli-TEMGeophysical Survey of Its Maisor and Aktasty Mineral Licenses, Kazakhstan

https://ceo.ca/@accesswire/arras-minerals-initiates-heli-temgeophysical-survey

Tudor Gold Submits Application to B.C. Government to Protect Treaty Creek Mineral Tenures

https://ceo.ca/@newsfile/tudor-gold-submits-application-to-bc-government-to

Freegold Intersects 4.63 g/t Au over 65.9 Metres at Golden Summit

https://ceo.ca/@newswire/freegold-intersects-463-gt-au-over-659-metres-at

Trident Maiden Ore Reserve underpins new low-cost development

https://ceo.ca/@newswire/trident-maiden-ore-reserve-underpins-new-low-cost-development

First Nordic Announces Exploration Program Underway on Gold Line Belt Projects in Sweden

https://ceo.ca/@newswire/first-nordic-announces-exploration-program-underway

Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc.

https://ceo.ca/@newsfile/sienna-significantly-increases-acreage-of-stonesthrow-1aaa0

Besra Gold Announces: Jugan Pilot Plant Equipment En Route

https://ceo.ca/@newsfile/besra-gold-announces-jugan-pilot-plant-equipment-en

Karora Shareholders Approve Transaction with Westgold; FIRB Approval Received

https://ceo.ca/@newswire/karora-shareholders-approve-transaction-with-westgold

Lion One Announces Upsize of Brokered Private Placement to $10 Million

https://ceo.ca/@globenewswire/lion-one-announces-upsize-of-brokered-private-placement

Drilling Commences at Arau Project, Papua New Guinea

https://finance.yahoo.com/news/drilling-commences-arau-project-papua-123000851.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjE2NTE3NDc&guce_referrer_sig=AQAAAERKOkdXOtcHAnvpoWZTVTa7n8XCisNkAB6_lLSzXRCGA7oHBgEg6UZ0LEyIAkLX6BWLeloFVVLAI2CS7ylI51aq2gQaLTbqmzorjU8QFR3iWjJEKvzSnKDPnBx6JVsKvqh4zdw0xUykRkmreejxWx7mvEVvxI9z5pSkG-RAUtd_&_guc_consent_skip=1721651790

Regency Silver Announces $2.5M Unit Financing to Fund Next Drill Program at Dios Padre

https://finance.yahoo.com/news/regency-silver-announces-2-5m-103000207.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjE2NTE4MjY&guce_referrer_sig=AQAAAFm766iYl_WaF05Kd0tKAg66-G0zTq6Jcs_wvu28w_Gu-JJva8CHybkDy_3jY0BP0gmr2vulo7WQO5dtRxp2t-tBzFey2QbJPgTwO7Rh84olwAlt85prDmthTp0a6LRwtOZuJI_EM9E0GB_G_hPNuoQXmo6DhINtzAJoR1rcogJB&_guc_consent_skip=1721651854

That catch of yr regarding a huge short on DJT….says it was a ‘known’ hit……it now just remains to find out just who ‘knew’

$26.50 being taken out in the premarket. Hopefully it reverses from here. The dollar is down and rates are down. That gives me a little hope. Shares down as well, no surprise they’d follow the metals. Hoping all this reverses.

Seems we are at a precipice with both sides digging in. All moves in the past have been down. We’ll see about this time.

NEM earnings on Wednesday after the bell to kick things off.

COT Report

CFTC Commitments of Traders Report – CMX (Futures Only)

The Summer Ski Train
https://railpictures.net/photo/845137/